LunaRedClassic: A Seamless Way to Invest and Manage NFTs – AMBCrypto News | Omd Cialis

The rising trends of cryptocurrencies have been phenomenal. According to estimates, Bitcoin hit a new all-time high in 2021, attracting people from all over the world to invest in crypto assets. After leaving such a positive impact on the broader industry, many restrictions act as bottlenecks in space.

Many wallet products struggle to provide a clear and easy way to buy Ethereum or Bitcoin. The confusing flow of users also scares off investors and prevents them from investing.

In addition, numerous top players prevent creators from including NFTs or hiding algorithms for the auction. Another major issue hampering the growth of the space is the launch of NFT markets on the Ethereum network, where the average fee is around $50.

All of this creates an atmosphere impossible for mass market sales at a $5-$10 NFT price point and great sales opportunities. LunaRedClassic aims to solve this problem in the crypto space. It is a platform that helps users find a seamless way to invest and manage their NFTs.

There is an ongoing IDO presale on the LunaRedClassic platform, which offers token holders many opportunities at a feasible price (1 LRC = 0.025 USD). The following article provides insights into the LRC token and its functionalities, providing readers with all the necessary information for investors looking forward to being part of the IDO pre-sale.

What is LunaRedClassic?

LunaRedClassic is an all-in-one mobile app that allows users to download crypto wallets, buy crypto, connect their wallets, buy/sell NFTs and much more with just a few clicks. LunaRedClassic NFT is a smart contract application with an iOS, Android and web user interface.

It’s a simple step-by-step guide to buying, selling, and smart contract-based auctions for NFTs. The main basic smart contracts are based on the Binance Smart Chain (BSC) and have an Ethereum bridge for NFT assets.

In the present scenario, there is no open marketplace for creators/sellers offering existing solutions for BSC. This results in users struggling to sell their own/bought third-party NFTs with transparent auction-based smart contracts.

With the LunaRedClassic market, users can easily list, buy or sell their NFTs without high Ethereum fees and with the same real estate value in Ethereum.

The working model

LunaRedClassic offers the first front-end solution by providing a web and mobile UI application that allows investors to buy NFTs with BNB/BUSD. There are two types of purchases: auctions and direct sales. Once purchased, investors can easily keep their purchases or open their auctions for sale.

According to the market report, OpenSea saw an increase in cumulative sales in just three months to over $100 million and a total of $432 million. The platform is targeting more than $40 million in monthly revenue, with a modest 10% market share. The team is also looking forward to developing an Ethereum smart contract where consumers can lock NFT assets and receive a copy minted in BSC.

From then on, they can trade it on the LunaRedClassic marketplace and pay minimal commissions. In addition, users can return assets to the BSC smart contract and receive locked assets in Ethereum at any time upon request.

$LRC token and its functionality

LRC token is the platform’s native token, designed for creators and investors who will use the app and invest in LunaRedClassic. Each investor who uses the application for a long time will receive a part of LRC, which can later be used to:

  • Voting on governance proposals
  • Sell ​​to third parties
  • reduce commissions
  • Added value for investment premiums

The LRC token has passive revenue mechanisms that do not come from transfer taxes. Instead, it comes from supply expansion through new buy orders (representing organic demand for the token). As a LunaRedClassic holder, users can passively earn more tokens for each new purchase order placed for $LRC.

The rewards earned by users are immediately “delivered” to their wallets after each new purchase, with no taxes on purchases or transfers between wallets. Each auction creator requires a minimum balance of 40 LRC, which can be decreased/increased per team, in the wallet to create an NFT auction.

All of this leads to creators buying LRC and helping investors to increase their investment. Going forward, investors can put money into the pool, while managers can also use the investment to buy potential NFTs at auction and then sell them at a profit.

The IDO advance sale

LRC IDO (Initial Dex Offerings) pre-sale is currently ongoing and will last until August 31, 2022. The benefits offered by IDO such as instant liquidity, instant trading and lower cost of listing attract many users. LRC token further capitalized on this opportunity and also developed its IDO presale which offers multiple benefits to its users.

The token would be listed on September 1, 2022 at 1 LRC = $0.025. The minimum purchase is 0.01 BNB = 150 LRC, while the maximum purchase is 25 BNB = 375,000 LRC. Furthermore, the hard cap is 2000 BNB with a total token allocation of 30,000,000 LRC. Tokens cost only $0.0059 each, which represents an incredible opportunity for investors.

Users can get an additional $LRC as ‘NFT MythicalLunaRed’ when ordering. In addition, before launching IDO, they would get 10% free tokens via AirDrop. It offers people the chance to get 30% LRC on every presale. Although the number of recommendations is limited, the airdrop can be a good source of passive income for investors.

Last word

LunaRedClassic is a decentralized, blockchain-based platform that lives up to its motto of mirroring the protocol on the Binance Smart Chain, DeFi, and NFT selling portal. Liquidity protection and slow token release offer investors maximum security over the lifetime of the project, with team tokens locked for 10 years.

LunaRedClassic tokens are “locked” with PinkSale, which guarantees long-term price “stability” for years to come. The protocol allows users to participate in LunaRedClassic Dex in four ways: Swap, Yield Farmer, Bounty Hunter, and Liquidator.

LRC team of experts has worked more than 3 years and developed a unique state-of-the-art ecosystem that offers huge returns for investors. With an extensive roadmap that includes LunaRed NFT, the launch of LunaRedMarket and more, the platform is here to stay.

To learn more about LunaRedClassic, please visit the official site or keep following them Twitter.

Disclaimer: This is a paid post and should not be treated as news/advice.

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